Forbes – Hedge fund titan George Soros reportedly amassed $13.3 billion in deferred hedge fund fees and investment gains on those fees by moving his assets to Ireland and then to the Cayman Islands. Hedge funds love to set up shop offshore.
And it’s not because of the weather. Setting up a fund offshore has many advantages and is not as hard as you may think, says Gordon Casey. He is the managing director of Front Shore, a hedge fund consulting firm in the Cayman Islands, and author of The Cayman Edge: How to Set Up a Cayman Fund.
